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Chronicle TIMELINE

A chronological, causal record of the resistance, major political crises, and contemporary truth.

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Ministry of Housing and Urban-Rural Development and the Central Bank Propose "Three Red Lines" for Financing Control of Key Real Estate Enterprises

2020.08.20 ·Verified ·Importance IV ·Sources 2 ·Beijing

On August 20, 2020, the Ministry of Housing and Urban-Rural Development and the People's Bank of China held a symposium for key real estate enterprises, proposing the "three red lines" to restrict the growth of interest-bearing liabilities of real estate companies based on the asset-liability ratio excluding advance receipts, the net gearing ratio, and the cash-to-short-term debt ratio.

The New York Times reports on Li Qianxin, Qi Qiaoqiao, and Wang Xisha purchasing properties in Hong Kong

2020.08.13 ·Reported ·Importance IV ·Sources 2 ·China

The New York Times reported that Li Qianxin, Xi Jinping's sister Qi Qiaoqiao, and Wang Yang's daughter Wang Xisha purchased luxury homes in Hong Kong for a total price exceeding 51 million HKD.

Hong Kong police conduct first large-scale raid on Next Digital headquarters

2020.08.10 ·Verified ·Importance IV ·Sources 3 ·Hong Kong, China

Hong Kong police conducted their first large-scale raid on the headquarters of Next Digital, paving the way for the subsequent closure of Apple Daily.

White House Executive Order Aims to Ban Americans from WeChat Transactions

2020.08.06 ·Reported ·Importance IV ·Sources 2 ·United States

On August 6, 2020, Trump signed an executive order banning U.S. companies and individuals from engaging in WeChat-related transactions with Tencent 45 days later.

Australian-Chinese journalist Cheng Lei taken away by Chinese state security

2020.08 ·Verified ·Importance IV ·Sources 2 ·Beijing, China

While working at CCTV, Cheng Lei was secretly taken away by Chinese state security authorities for disclosing some economic figures from the government work report to foreign media, and was detained on suspicion of illegally providing state secrets to parties outside China.